$460,000
SOLD AUG 31, 2021

1523 Gillespie Way Gatlinburg, TN 37738

1 Bed
1.5 Baths
1,384 Sq Ft
0.27 Acres

Recently Sold

$332 Per Sq Ft

2% Above List Price

21 Days on Market

Highlights

  • Clubhouse
  • Deck
  • 1 Fireplace
  • Gatlinburg Pittman High School Rated A-
  • Wooded Lot
  • Community Pool

About This Home

As of August 2021

NEWLY RENOVATED RENTAL CABIN IN DESIRABLE CHALET VILLAGE. With a perfect location this updated cabin rents as a two bedroom and stays booked year-round. Rental revenue from June 2020-June 2021 is over 56k and is projected to hit 65k for 2021. This chalet has tons of upgrades with a new deck, hot tub, appliances, washer/dryer, flooring, paint, HVAC and much more. Located in Chalet Village you'll have access to three different pools, clubhouses, tennis courts and playgrounds. his turn key property comes with all furnishings shown and is completely ready to go. Check it out:

Last Agent to Sell the Property

Carl Young

Young Marketing Group, Realty Executives Brokerage Phone: 8652811321 License #337453 Listed on: 06/21/2021

Young Marketing Group, Realty Executives

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $846

Year Built

  • Built in 1993

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 108.64 x 148.18
  • Wooded Lot

HOA Fees

  • $35 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 1,384 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom

Outdoor Features

  • Deck

Schools

  • Pi Beta Phi Elementary School
  • Northview Junior Academy Middle School
  • Gatlinburg Pittman High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Propane
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 136D A 03400 000

Community Details

Overview

  • Tyrolea Sec 1 Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$846

Year Built

Built in 1993

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Year Built: 1993
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 8652811321
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Laminate, Tile
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1384
  • Building Area Units: Square Feet
  • Living Area: 1384
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Frame, Other
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump, Propane
  • Heating Yn: Yes
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Association Fee: 420
  • Association Fee Frequency: Annually
  • Amenities: Clubhouse, Playground, Pool, Tennis Court(s)
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Lot Features: Cul-De-Sac, Wooded
  • Lot Size Acres: 0.27
  • Lot Size: 108.64 X 148.18
  • Lot Size Units: Acres
  • Parcel #: 136D A 03400 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 846
  • Tax Lot: 24

MLS Schools

  • Elementary School: Pi Beta Phi Elementary
  • High School: Gatlinburg Pittman High
  • Middle Or Junior School: Northview Junior Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Aug 31, 2021
Sold by
Hughes Christina and Hughes David
Bought by
Ertter Matthew S and Ertter Peggy C
Seller's Agent
Carl Young
Young Marketing Group, Realty Executives
Buyer's Agent
Case Denton
Your Home Sold Guaranteed Real
Sold Price
$460,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$250,000
Outstanding Balance
$228,144
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$305,008

Purchase Details

Listed on
Jan 17, 2020
Closed on
Feb 21, 2020
Sold by
Throntvett Jacob Alan
Bought by
Hughes Christina and Hughes David
Seller's Agent
Cherise Guesford
ERA In The Smokies Realty & Re
Buyer's Agent
Carl Young
Keller Williams Realty - Knox Premier Prop
List Price
$269,000
Sold Price
$250,000
Premium/Discount to List
-$19,000
-7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.96%
Original Mortgage
$223,560
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2017
Closed on
Feb 8, 2018
Sold by
Rodgers Larry O and Rodgers Wanda R
Bought by
Throntveit Jacob
Seller's Agent
Karen Lay
Prime Mountain Properties
Buyer's Agent
Steve Jessie
Smoky Mountain Real Estate Cor
List Price
$164,900
Sold Price
$145,000
Premium/Discount to List
-$19,900
-12.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.61%
Original Mortgage
$116,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2009
Sold by
Sauer Leo E
Bought by
Rodgers Larry O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
4.79%

Purchase Details

Closed on
Mar 24, 1995
Sold by
Urquhart Elizabeth T
Bought by
Sauer Leo E

Purchase Details

Closed on
Dec 16, 1992
Bought by
Urquhart Elizabeth T

Purchase Details

Closed on
Jul 1, 1992
Bought by
Gillespie Robert P and Gillespie Eve S
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $460,000 Smoky Mountain Title
Warranty Deed $250,000 First Priority Title Co Inc
Warranty Deed $145,000 Smoky Mountain Title
Deed $110,000 --
Deed $125,000 --
Warranty Deed $122,500 --
Warranty Deed $23,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Previous Owner $223,192 New Conventional
Previous Owner $223,560 New Conventional
Previous Owner $116,000 New Conventional
Previous Owner $80,000 Commercial
Previous Owner $81,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 For Sale $475,000 +3.3% $343 / Sq Ft
08/31/2021 08/31/21 Sold $460,000 0.0% $332 / Sq Ft
08/31/2021 08/31/21 Sold $460,000 +2.2% $332 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $450,000 +80.0% $325 / Sq Ft
05/28/2020 05/28/20 Off Market $250,000 -- --
02/24/2020 02/24/20 Sold $250,000 0.0% $181 / Sq Ft
02/21/2020 02/21/20 Sold $250,000 +0.4% $181 / Sq Ft
01/21/2020 01/21/20 Price Changed $249,000 -7.4% $180 / Sq Ft
01/17/2020 01/17/20 For Sale $269,000 +85.5% $194 / Sq Ft
05/09/2019 05/09/19 Off Market $145,000 -- --
02/08/2018 02/08/18 Sold $145,000 -12.1% $105 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
09/20/2017 09/20/17 For Sale $164,900 -- $119 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,665 $112,520 $18,920 $93,600
2024 $1,665 $112,520 $18,920 $93,600
2023 $1,665 $112,520 $0 $0
2022 $1,129 $70,325 $11,825 $58,500
2021 $1,129 $70,325 $11,825 $58,500
2020 $845 $70,325 $11,825 $58,500
2019 $846 $41,875 $11,825 $30,050
2018 $846 $41,875 $11,825 $30,050
2017 $846 $41,875 $11,825 $30,050
2016 $846 $41,875 $11,825 $30,050
2015 -- $43,200 $0 $0
2014 $773 $43,204 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2826037

Realtracs

APN: 136D-A-034.00